Festive season: Builders lure home buyers with incentives to sell flats

NEW DELHI: With the festive season around the corner, developers in North India are all set to entice potential home buyers with innovative deals and offers. From a free car, scooter to refrigerators and iPhone 7 handsets to discounts of up to Rs 9 lakh, builders are leaving no stone unturned to lure buyers before the festivities begin.

Noida based Prateek Group, is giving away a Hyundai Grand i10 car, a scooty and refrigerators through a lucky draw for bookings made for their Ghaziabad project Prateek Grand City. The group is also offering iPhone7 with every booking in Prateek Edifice and Prateek Stylome located in Noida apart from offering attractive payment plans to the customers. Mahagun Group is offering free car parking plus a 10 grams gold coin on any unit booked across any of its ongoing projects.

Another developer in the region, Ascent Group has come up with ‘999 Celebration’ celebrating its 9th anniversary. Shivakshi Gogia, CEO, said: “We are offering cash discounts up to Rs 9 lakh in various schemes in all residential and commercial projects at Ghaziabad and Punjab to all new buyers.” TDI Infratech is extending discounts of around 15% on basic sales price (BSP) of unit in TDI City project situated in Kundli. It is also giving wardrobes in all the bedrooms, a modular kitchen, a hob, a chimney and 2 split air conditioners in each unit in Tuscan Residency and TDI Affordable homes in Mohali.

Offers in Raj Nagar Extension
Developers such as Ascent Buildtech Pvt. Ltd, EROS Group, SCC Builders Pvt. Ltd and VVIP Group are offering discounts of up to Rs 10 lakh. On the other hand, Kworld Estates Pvt. Ltd, MCC Developers, Express Builders and Saviour Builders Pvt. Ltd are rendering freebies such as free car parking, split AC, wooden almirah, modular kitchen and many more discounts.

Offers in Greater Noida West
Paramount Group is offering free modular kitchens ACs, wardrobes, car parking, club membership, maintenance for two years along with delayed penalty charges, no loan processing fee and customised payment plan in Paramount Floraville, Paramount Emotions and Paramount Golf Foreste. Airwil Infra has come out with a lucky draw for its project Conac located in Sector 113, Noida. The winners can get discounts ranging from 90%-20% along with an Audi A4, Audi A3 and a Mercedes B Class.

Antriksh India is offering fully furnished apartments for its project, Antriksh Grand View, located at Sector 150 along Noida Expressway.

Nirala World is offering free gold coins, split ACs for drawing area and all bedrooms, free modular kitchens and wooden wardrobes in all bedrooms as per different schemes in its project Nirala Estate. Exotica Housing is offering free car parking and modular kitchens for a limited number of apartments for its Dreamville project while fully furnished apartments are being offered at Exotica Fresco, situated at Sector 137, Noida Expressway.

Companies will have to wait and watch to assess if these offers and freebies can help the market bounce back.

Credits ET Realty

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